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Perpetual Protocol (PERP) arbitrage

As of 2026-10-25 15:20 UTC, PERP has fewer than two exchanges with a liquid spot market, so there is no route between exchanges.

PERP on 4 exchanges spot and 0 in futures: live routes, past spreads and how long they last.

Prices at · open routes a minute older; real time in the scanners on paid plans · How we count

Price
—
24h volume
$489
Exchanges
4
4 spot · 0 futures
Routes now
0
0 take · 0 risky
Gaps in 7 days
0

Perpetual Protocol (PERP) right now

No route in profit after fees is worth a look right now.

Perpetual Protocol (PERP) arbitrage opportunities now

No route is profitable after fees right now.

Perpetual Protocol (PERP) arbitrage strategy

No PERP route worth taking with an open transfer right now. Fresh routes are in the scanner.

Perpetual Protocol (PERP) price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 4

ExchangeBidAskBook spread24h volume
GatePERP/USDT0.0187680.0188670.53%$314
KrakenPERP/USD0.0187000.0193003.16%$174
PoloniexPERP/USDT0.0184000.0202009.33%$0.10
HyperliquidPERP/USDC0.00006300000.000276000125.66%no trades

How often Perpetual Protocol (PERP) spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

No gaps in the last 7 days.

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

NetworkExchangeDepositWithdrawWithdrawal fee
ARBKuCoinarbitrumclosedclosed15 PERP
ETHBigONEEthereumclosedopen46 PERP
BitgetERC20closedn/a1.6 PERP
Bitrueclosedopen38 PERP
Bitstampethereumclosedopen—
Bybitclosedopen3 PERP
Coinbaseethereumn/an/a—
Coinbase Exchangeethereumn/an/a—
Gateopenopen—
HitBTCopenopen1,227 PERP
HTXperpclosedopen74.61 PERP
KuCoinethclosedclosed14 PERP
LATOKENERC20n/an/a—
MEXCclosedopen0 PERP
Phemexn/an/a—
Poloniexopenopen38.89 PERP

Gaps of a minute or longer, last 7 days

None of the recent gaps held for a minute or longer.

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on Perpetual Protocol (PERP)

PERP trades on: Gate, Kraken, Poloniex, Hyperliquid

FAQ

Why is the Perpetual Protocol (PERP) spread so high on some exchanges?

No PERP route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from Kraken and Hyperliquid, so a transfer there cannot be checked.